Israel Economic Crisis Grows as Refuo 6 ees Pour In Continued from Page 1 The government intends to raise the value of the pound by lowering the cost of living, he asserted, and will increase the national income by boosting production. Unless the govern- ment succeeds in both these aims, it will also fail in at- tracting new foreign capital, he insisted. The direct cause for the lowering of the Israel stand- ard of living 'is the large-scale immigration, he stated. 2,000 in Demonstration • On Oct. 26, two thousand w or k e r s demonstrated here against the Histadrut's decision to accept a second cut in the cost of living bonus. The dem- onstration was called by local actions committees sponsored by the Mapam and the Com- munist Party. The Histadrut executive de- nounced the rally, ulh i c h marched on the Histadrut build- ing. Pinchas Lubianiker, secre- tary-general of the labor feder- ation, convened a special meet- ing of the executive and told it that the workers must be made "to understand that Mapam's ob- jective is to undermine the united front and solidarity of the Histadrut." Meeting a Failure In a statement to the press following the demonstration, Lu- bianiker ailed the protest meet- ing a failure because only 2,000 of some 60,000 Histadrut work- ers in the Tel Aviv district had attended. He declared this proved that Israel workers backed the government's auster- ity program and the Histadrut's decision to cooperate with that program to the extent of ac- cepting the wage cuts. Israel is taking account of the Arab states preparations for new hostilities, an Israel spokesman declared, commenting on re- ports that Egypt had purchased jet fighter planes from Britain. Syria and Lebanon also are reported rearming and building new fortifications along their Israel borders. Latest reports in the Arab press indicate strong Syrian shock troops are concen- trated behind the first line of fortification. Assails 'Politicians' The Transjordan press has called on the Arabs of the world to "teach the Jews a lesson and liberate Jerusalem." It assails "politicians" who hope "to come to terms with Israel." Word fias reached Tel Aviv that a number of Iraqi Jewish women were arrested, in that country last Tuesday. They were arrested when they demonstrat- ed against the arrest of their huSbands, sons and relatives earlier. The demonstration was dispersed by Iraqi police. 2,800 Arabs Seek to Return To Their Families in Israel TEL AVIV, (JTA)—Approximately 2,800 Arabs sepa- rated from their families by the war have applied to the Israel Government for permission to rejoin their families in Israel, officials announced. Twenty-five hundred applications came from Arab refu- gees in Syria and Lebanon, 60 each from Transjordan and Egypt, and the remainder from. the Arab-held parts of Palestine. The Israel-Transjordan ex- change of the Wadi-Fukin area became effective at noon on Nov. 2 when Israel obtained posses- sion of an important strip of land near Bethlehem in ex- change for the Arab village. Meanwhile, Israel handed over 11 prisoners of war to the Trans- jordan Army in Jerusalem. $158,000,000 Program A $158,000,000 program for various development projects which already has been approved by the Cabinet will be submitted to the Knesset this month for final action, Eliezer Kaplan, finance minister, announced this week. Meanwhile, a new settlement named for Haviva Reik, a Jewish heroine who parachuted behind the Nazi lines during the war on a mission for the Allies and was captured and executed, was dedi- cated. The agricultural colony will be located on the area ceded by Transjordan to Israel in central Palestine. Obstacles Removed • Obstacles which had been holding up the exchange of goods under the Israel-Hungar- ian trade pact have been re- moved following talks between Budapest authorities and - Dr. T. M. Kimori, of the Israel ministry of trade, it was learned. Under the terms of the trade agreement, covering the . ex- change of more than $5,500,000 worth of goodS, Israel was to send textiles and other goods in exchange for foodstuffs and fin- ished articles. Weizmanns See Refugees President Chaim Weizma.nn and his Wife, accompanied by a group of guests ; visited the "Beit Lin" immigrant reception camp. The American' Library in Tel Aviv, sponsored by the U.S. In- formation Service, was offically opened. Its purpose is to inform the Israel public of educational, scientific and technical activities in the United States, and its shelves now contain 2,000 vol- umes in addition to 100 periodi- cals and various reference works. Rabbi Judah L. Maimon, min- ister for religion, is in Paris to attend an international rabbini- cal congress called by Dr. I. SchwartZ, Chief Rabbi of France, at which the relations between the rabbinates of Israel and other countries will be discussed. Unfavorable Reflection Delegates attending the eighth convention of the Smallholders Settlements Association, which opened here Oct. 27, heard Pre- mier David Ben Gurion declare PROMOTE An Aggressive, Efficient, ependable Public Servant ELECT ALBERT E. COB MAYOR OF DETROIT This Ad Sponsored by Yewish Friends of Albert E., Cobo that the fact that there are "100,000 inmates of reception camps currently eating the bread of charity while millions of good, fertile dunams of land remain uncultivated constitutes an unfavorable reflection on the Zionist movement and on the nation of Israel as a whole." The Premier continued: "The nation is now on the ascending path of a mountain and any halt would be equivalent to a step backward. The n a ti on must eat its own bread and its own fruits from its own land and not rely on costly imports." A delegation of the U.S. Na- tional Council of Young Israel, consisting of Elijah Stein, presi- dent, Samson Weiss, director, and Bernard Berman, treasurer, announced that a $250,000 insti- tution similar to the YMCA in Jerusalem will be built here on land contributed by the Jewish National Fund. Hilldring to Speak Before MWOA NEW YORK—Maj. Gen. John H. Hilldring, former assistant Secretary of State, chairman of the State, War and Navy Co- ordinating Committee, and As- sistant chief of staff of the Army, will be the principal speaker at the 24th Annual National Con- vention of the Mizrachi Wom- en's Organiza- tion of America, it was announc- ed by Mrs. Lio- nel Golub, act- 1 n g national Gen. Hilldring president of the women's religious-Zionist group. More than 1,000 women at- tending the five-day convention in Atlantic City, N. J., will hear Gen. Hilldring on Sunday eve- ning, Nov. 20, in the Breakers Hotel. Friday, November 4, 1949 PEC Announces Fourth Quarterly Dividend The Palestine Economic Cor- poration announced its fourth quarterly dividend of 1949, 25 cents per share of $25 par value common stock. It is payable on Nov. 25 to stockholders as of Nov. 10. This is the second dividend declared following the recent 4 to 1 split in the $100 par value stock on which a $1 dividend had been paid. The $25 par value stock is being sold at $28 a share. More than half of the flowers in the world are red or some shade of red. 041•••••••••••••••••110005 • • • • • KEEP ASKIN' • • UNWANTED HAIR SHORT WAVE METHOD PERMANENT— PAINLESS—SAFE Gl_ ■ ARANTEED RESULTS BETTY MAMLIN, R.E. WO. 5-6289 FOR • • • • • • RASKIN • • SPECIAL, DELUXE • • REMOVE 1219 David Stott Bldg. 6—THE JEWISH NEWS • • • • • • CREAM COTTAGE and SPECIAL FARMER CHEESE • TR. 5-5388 J•0411.0411.000000••••• AN URGENT CALL to II Jewish Organizations: Elect Your Delegates AT ONCE to Represent Yogi at the Annual City-Wide Conference of the Jewish National Fund * * * If your organization or Indsmanschaft does not meet this week, presidents are called upon to APPOINT five delegates to act for the organization at this important conference to be - held ALL DAY SUNDAY, NOVEM1 ,ER 20, starting at 10:30 a.m., at the Fort Wayne Hotel. Mail names of your delegates IMMEDIATELY to the JEWISH NATIONAL FUND COUNCIL, 11816 Dexter, or submit their names to the JNF Council Office by telephoning TOwnsend 8-7384. A number of very important problems con- fronting the Jewish state will be discussed. Very important persons are coining especially to address the conference. It is imperative that every organization and congregation in the community be represented. JE ISH NATIO AL FUND COUNCIL OF DETROIT 0 • • • • 0